RateGain Travel Technologies, 543417, RATEGAIN Share Price, Rating, Research, Analysis, Fundamental & Historical Data

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

5,456.36
26.12
1

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

5,106.73
N/A
3.24

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

-
19.14
37.69

EBITDA CAGR (%)

10 Years
5 Years
3 Years

-
-
42.89

PAT CAGR (%)

10 Years
5 Years
3 Years

-
47.24
158.47

P:E (Median)

8 Years
5 Years
3 Years

-
-
69.46

P:BV (Average)

8 Years
5 Years
3 Years

-
-
5.79

EV:EBITDA (Average)

8 Years
5 Years
3 Years

-
-
39.99

Earnings Forecasts:

(Updated: 06-06-2025)

Description 2024 2025 2026 2027
Adj EPS 13.01 17.73 16.57 20.37
P/E Ratio 35.52 26.07 27.89 22.69
Revenue 957 1077 1169 1348
EBITDA 192 215 271
Net Income 145 209 198 245
ROA 10.9 10 11
P/B Ratio 4.22 2.91 2.58
ROE 13.46 10.71 11.94
FCFF 173 156 185
FCFF Yield 3.47 3.14 3.72
Net Debt -531 -792 -1039
BVPS 109.59 158.59 179.29

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 25 Mar 24 Var% Dec 24 Dec 23 Var% Sep 24 Sep 23 Var% Jun 24 Jun 23 Var%
Net Sales 58.38 49.27 18.49% 53.48 46.53 14.94% 49.12 39.18 25.37% 49.45 38.41 28.74%
Expenses 40.15 42.29 -5.06% 45.40 37.27 21.81% 45.38 41.09 10.44% 45.52 36.96 23.16%
EBITDA 18.23 6.98 161.17% 8.09 9.26 -12.63% 3.74 -1.91 - 3.93 1.46 169.18%
EBIDTM 31.23% 14.17% 15.12% 19.91% 7.61% -4.89% 7.95% 3.80%
Other Income 18.61 18.46 0.81% 18.41 14.05 31.03% 16.30 8.85 84.18% 16.09 6.48 148.30%
Interest 0.27 0.29 -6.90% 0.28 0.30 -6.67% 0.29 0.33 -12.12% 0.29 0.31 -6.45%
Depreciation 1.08 0.80 35.00% 1.15 0.50 130.00% 1.22 0.99 23.23% 0.84 0.69 21.74%
PBT 35.50 24.35 45.79% 25.07 22.51 11.37% 18.52 5.62 229.54% 18.89 6.94 172.19%
Tax 8.86 6.42 38.01% 7.25 5.87 23.51% 5.13 1.49 244.30% 4.59 1.77 159.32%
PAT 26.63 17.93 48.52% 17.82 16.64 7.09% 13.39 4.13 224.21% 14.30 5.17 176.60%
PATM 45.62% 36.40% 33.32% 35.76% 27.26% 10.53% 28.93% 13.46%
EPS 2.26 1.52 48.68% 1.51 1.41 7.09% 1.13 0.35 222.86% 1.21 0.44 175.00%

Description Mar 25 Mar 24 Var% Dec 24 Dec 23 Var% Sep 24 Sep 23 Var% Jun 24 Jun 23 Var%
Net Sales 260.69 255.81 1.91% 278.71 252.02 10.59% 277.26 234.72 18.12% 260.01 214.48 21.23%
Expenses 200.10 201.56 -0.72% 217.23 200.76 8.20% 217.04 188.31 15.26% 210.24 176.69 18.99%
EBITDA 60.59 54.25 11.69% 61.47 51.26 19.92% 60.22 46.42 29.73% 49.78 37.79 31.73%
EBIDTM 23.24% 21.21% 22.06% 20.34% 21.72% 19.78% 19.14% 17.62%
Other Income 20.45 21.05 -2.85% 20.33 10.87 87.03% 17.32 3.65 374.52% 18.27 5.99 205.01%
Interest 0.31 0.32 -3.12% 0.32 0.35 -8.57% 0.33 0.36 -8.33% 0.31 0.34 -8.82%
Depreciation 8.37 9.53 -12.17% 8.36 9.76 -14.34% 8.71 10.43 -16.49% 9.49 11.32 -16.17%
PBT 72.36 65.45 10.56% 73.13 52.02 40.58% 68.50 39.28 74.39% 58.24 32.11 81.38%
Tax 17.56 15.43 13.80% 16.59 11.60 43.02% 16.30 9.25 76.22% 12.86 7.21 78.36%
PAT 54.81 50.02 9.58% 56.54 40.42 39.88% 52.21 30.04 73.80% 45.38 24.91 82.18%
PATM 21.02% 19.56% 20.29% 16.04% 18.83% 12.80% 17.45% 11.61%
EPS 4.65 4.25 9.41% 4.80 3.43 39.94% 4.43 2.77 59.93% 3.85 2.30 67.39%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Description TTM Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Net Sales 210.43 173.39 113.28 72.74 67.89 89.81 Net Sales Growth 21.36% 53.06% 55.73% 7.14% -24.41% Cost Of Goods Sold 0.00 0.00 0.00 0.00 0.00 0.00 Gross Profit 210.43 173.39 113.28 72.74 67.89 89.81 GP Margin 100.00% 100% 100% 100% 100% 100% Total Expenditure 176.45 157.46 121.52 94.72 73.03 92.60 Power & Fuel Cost - 0.29 0.28 0.25 0.17 0.56 % Of Sales - 0.17% 0.25% 0.34% 0.25% 0.62% Employee Cost - 124.22 89.78 77.13 58.79 67.32 % Of Sales - 71.64% 79.25% 106.04% 86.60% 74.96% Manufacturing Exp. - 5.88 9.57 4.80 1.01 5.09 % Of Sales - 3.39% 8.45% 6.60% 1.49% 5.67% General & Admin Exp. - 18.33 13.31 5.58 6.01 12.72 % Of Sales - 10.57% 11.75% 7.67% 8.85% 14.16% Selling & Distn. Exp. - 1.17 1.28 0.62 0.41 2.19 % Of Sales - 0.67% 1.13% 0.85% 0.60% 2.44% Miscellaneous Exp. - 1.61 3.12 2.42 4.00 1.53 % Of Sales - 0.93% 2.75% 3.33% 5.89% 1.70% EBITDA 33.99 15.93 -8.24 -21.98 -5.14 -2.79 EBITDA Margin 16.15% 9.19% -7.27% -30.22% -7.57% -3.11% Other Income 69.41 47.84 21.88 30.90 16.77 14.80 Interest 1.13 1.37 2.04 1.38 0.78 0.82 Depreciation 4.29 2.98 3.28 3.73 4.51 4.54 PBT 97.98 59.41 8.32 3.81 6.35 6.65 Tax 25.83 15.55 2.58 1.06 2.25 0.31 Tax Rate 26.36% 26.17% 31.01% 36.93% 35.43% 4.66% PAT 72.14 43.87 5.74 1.81 4.10 6.34 PAT before Minority Interest 72.14 43.87 5.74 1.81 4.10 6.34 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 34.28% 25.30% 5.07% 2.49% 6.04% 7.06% PAT Growth 64.44% 664.29% 217.13% -55.85% -35.33% EPS 6.11 3.71 0.49 0.15 0.35 0.54

Description TTM Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Net Sales 1,076.67 957.03 565.13 366.59 250.79 398.71 Net Sales Growth 12.50% 69.35% 54.16% 46.17% -37.10% Cost Of Goods Sold 0.00 0.00 0.00 0.00 0.00 0.00 Gross Profit 1,076.67 957.03 565.13 366.59 250.79 398.71 GP Margin 100.00% 100% 100% 100% 100% 100% Total Expenditure 844.61 765.86 478.51 334.50 243.53 422.84 Power & Fuel Cost - 0.31 0.36 0.30 0.23 0.68 % Of Sales - 0.03% 0.06% 0.08% 0.09% 0.17% Employee Cost - 379.91 252.76 191.37 151.26 205.80 % Of Sales - 39.70% 44.73% 52.20% 60.31% 51.62% Manufacturing Exp. - 20.71 13.61 13.46 5.64 33.84 % Of Sales - 2.16% 2.41% 3.67% 2.25% 8.49% General & Admin Exp. - 253.86 159.76 92.03 62.37 100.78 % Of Sales - 26.53% 28.27% 25.10% 24.87% 25.28% Selling & Distn. Exp. - 76.08 26.60 17.38 0.56 6.50 % Of Sales - 7.95% 4.71% 4.74% 0.22% 1.63% Miscellaneous Exp. - 19.72 12.98 10.07 16.22 63.03 % Of Sales - 2.06% 2.30% 2.75% 6.47% 15.81% EBITDA 232.06 191.17 86.62 32.09 7.26 -24.13 EBITDA Margin 21.55% 19.98% 15.33% 8.75% 2.89% -6.05% Other Income 76.37 41.55 19.93 16.52 13.30 58.90 Interest 1.27 2.81 3.48 6.77 9.31 9.84 Depreciation 34.93 41.04 35.81 30.06 35.88 42.70 PBT 272.23 188.87 67.26 11.78 -24.63 -17.76 Tax 63.31 43.48 -1.14 2.42 3.95 2.34 Tax Rate 23.26% 23.02% -1.69% 22.32% -16.04% -13.18% PAT 208.94 145.39 68.40 8.42 -28.57 -20.10 PAT before Minority Interest 208.94 145.39 68.40 8.42 -28.57 -20.10 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 19.41% 15.19% 12.10% 2.30% -11.39% -5.04% PAT Growth 43.71% 112.56% 712.35% - - EPS 17.69 12.31 5.79 0.71 -2.42 -1.70

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Shareholder's Funds 1,290.81 657.86 642.50 273.16 133.95 Share Capital 11.78 10.83 10.73 0.80 0.74 Total Reserves 1,264.34 635.22 612.00 234.42 126.82 Non-Current Liabilities 41.31 33.88 35.35 24.93 24.88 Secured Loans 0.00 0.00 0.00 0.00 0.00 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 33.21 24.95 25.27 24.80 3.03 Current Liabilities 51.11 30.15 45.82 18.67 17.10 Trade Payables 4.61 5.13 22.26 5.68 5.51 Other Current Liabilities 28.41 17.68 20.13 11.05 11.39 Short Term Borrowings 0.00 0.00 0.00 0.00 0.00 Short Term Provisions 18.09 7.34 3.43 1.94 0.20 Total Liabilities 1,383.23 721.89 723.67 316.76 175.93 Net Block 14.63 15.93 18.09 9.48 13.77 Gross Block 41.01 39.90 39.39 30.12 30.17 Accumulated Depreciation 26.38 23.98 21.30 20.64 16.40 Non Current Assets 418.17 262.33 308.22 140.51 93.33 Capital Work in Progress 1.88 1.43 0.00 0.00 0.00 Non Current Investment 371.13 220.10 218.47 85.13 77.81 Long Term Loans & Adv. 29.67 23.30 71.26 45.84 1.66 Other Non Current Assets 0.88 1.58 0.41 0.05 0.10 Current Assets 965.05 459.55 415.44 176.26 82.59 Current Investments 156.35 116.01 141.78 129.02 44.91 Inventories 0.00 0.00 0.00 0.00 0.00 Sundry Debtors 55.43 20.81 10.98 18.48 11.87 Cash & Bank 188.67 112.47 219.80 11.30 8.30 Other Current Assets 564.60 10.79 32.21 13.60 17.53 Short Term Loans & Adv. 24.89 199.46 10.67 3.85 15.62 Net Current Assets 913.94 429.40 369.62 157.59 65.49 Total Assets 1,383.22 721.88 723.66 316.77 175.92

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Shareholder's Funds 1,450.47 709.74 619.15 244.92 137.72 Share Capital 11.78 10.83 10.73 0.80 0.74 Total Reserves 1,424.01 687.10 588.66 206.18 130.59 Non-Current Liabilities 12.28 26.48 28.12 122.51 138.29 Secured Loans 0.00 0.00 0.00 80.34 86.79 Unsecured Loans 0.00 0.00 0.00 17.73 13.96 Long Term Provisions 5.80 3.44 3.76 24.80 3.03 Current Liabilities 247.67 193.31 129.59 91.16 117.30 Trade Payables 80.27 82.27 41.81 24.30 38.57 Other Current Liabilities 128.08 104.77 80.91 63.94 76.75 Short Term Borrowings 0.00 0.00 0.00 0.00 0.00 Short Term Provisions 39.32 6.27 6.87 2.92 1.99 Total Liabilities 1,710.42 929.53 776.86 458.59 393.31 Net Block 364.39 395.80 222.49 167.88 215.94 Gross Block 634.64 623.83 405.72 318.73 345.45 Accumulated Depreciation 270.25 228.02 183.22 150.84 129.50 Non Current Assets 397.08 424.86 248.63 191.02 222.56 Capital Work in Progress 1.88 1.43 0.00 0.00 0.00 Non Current Investment 22.62 23.86 22.89 0.00 0.00 Long Term Loans & Adv. 2.67 2.83 2.39 23.09 6.52 Other Non Current Assets 5.53 0.94 0.86 0.05 0.10 Current Assets 1,313.34 504.67 528.24 267.57 170.75 Current Investments 156.35 116.01 141.78 129.02 44.91 Inventories 0.00 0.00 0.00 0.00 0.00 Sundry Debtors 205.00 160.78 100.56 66.91 77.67 Cash & Bank 391.23 201.46 245.10 57.34 24.35 Other Current Assets 560.76 11.78 31.03 9.74 23.82 Short Term Loans & Adv. 525.65 14.63 9.77 4.56 9.34 Net Current Assets 1,065.67 311.36 398.64 176.41 53.45 Total Assets 1,710.42 929.53 776.87 458.59 393.31

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Cash From Operating Activity -6.04 -19.38 18.08 4.96 6.91 PBT 59.41 8.32 2.87 6.35 6.65 Adjustment -35.26 -13.82 1.74 6.25 6.21 Changes in Working Capital -17.00 -11.01 15.81 -7.71 -4.50 Cash after chg. in Working capital 7.15 -16.51 20.41 4.90 8.36 Interest Paid 0.00 0.00 0.00 0.00 0.00 Tax Paid -13.18 -2.87 -2.33 0.07 -1.46 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -522.78 21.48 -375.40 -103.14 -2.90 Net Fixed Assets -1.56 -1.94 -9.27 0.05 Net Investments -191.37 24.14 -146.10 -91.43 Others -329.85 -0.72 -220.03 -11.76 Cash from Financing Activity 582.81 0.05 358.41 100.99 -2.26 Net Cash Inflow / Outflow 53.99 2.15 1.08 2.81 1.74 Opening Cash & Equivalents 10.95 8.80 7.72 4.91 3.17 Closing Cash & Equivalent 64.94 10.95 8.80 7.72 4.91

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Cash From Operating Activity 151.81 51.92 16.80 20.59 19.14 PBT 188.87 67.26 10.84 -24.63 -17.76 Adjustment 15.99 29.65 43.52 53.73 66.19 Changes in Working Capital -37.44 -33.24 -34.22 -6.21 -25.63 Cash after chg. in Working capital 167.42 63.67 20.14 22.89 22.80 Interest Paid 0.00 0.00 0.00 0.00 0.00 Tax Paid -15.61 -11.75 -3.34 -2.29 -3.66 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -567.94 12.58 -295.14 -81.72 -112.34 Net Fixed Assets -1.56 -1.94 -9.27 0.05 Net Investments -191.37 24.14 -146.10 -91.43 Others -375.01 -9.62 -139.77 9.66 Cash from Financing Activity 581.38 -1.70 239.91 92.88 72.78 Net Cash Inflow / Outflow 165.25 62.80 -38.43 31.76 -20.42 Opening Cash & Equivalents 99.93 34.10 53.76 20.96 39.62 Closing Cash & Equivalent 267.50 99.93 34.10 53.76 20.96

Financial Ratios

Standalone /

Consolidated

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Book Value (Rs.) 108.35 59.64 58.03 29.91 1946.12 ROA 4.17% 0.79% 0.35% 1.67% 3.83% ROE 4.56% 0.90% 0.42% 2.26% 5.17% ROCE 6.24% 1.59% 0.93% 3.50% 5.88% Fixed Asset Turnover 4.29 2.86 2.09 2.25 3.87 Receivable days 80.24 51.23 73.93 81.57 55.38 Inventory Days 0.00 0.00 0.00 0.00 0.00 Payable days 0.00 0.00 0.00 0.00 18.91 Cash Conversion Cycle 80.24 51.23 73.93 81.57 36.48 Total Debt/Equity 0.00 0.00 0.00 0.00 0.00 Interest Cover 44.27 5.08 3.07 9.20 9.16

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Book Value (Rs.) 121.90 64.43 55.86 26.31 2003.77 ROA 11.01% 8.02% 1.36% -6.71% -5.96% ROE 13.63% 10.54% 2.09% -16.90% -14.60% ROCE 17.75% 10.65% 3.61% -5.02% -3.76% Fixed Asset Turnover 1.52 1.10 1.01 0.76 1.66 Receivable days 69.75 84.40 83.37 105.21 64.51 Inventory Days 0.00 0.00 0.00 0.00 0.00 Payable days 0.00 0.00 0.00 0.00 36.31 Cash Conversion Cycle 69.75 84.40 83.37 105.21 28.20 Total Debt/Equity 0.00 0.00 0.00 0.54 0.88 Interest Cover 68.12 20.33 2.60 -1.65 -0.80

Top Investors:

nippon life india trustee ltd-a/c nippon india fle

plutus wealth management llp

icici prudential smallcap fund

sundaram mutual fund - sundaram business cycle fun

aditya birla sun life trustee private limited a/c

goldman sachs funds - goldman sachs india equity p

axis mutual fund trustee limited a/c axis mutual f

cif iii scheme i

Annual Reports:

News Update:

RateGain partners with TezJet
27th Jun 2025, 14:22 PM

The partnership reinforces TezJet’s commitment to using intelligent pricing tools to offer better value and streamlined journeys throughout Central Asia
Read More
RateGain Travel Technologies partners with Air Montenegro
17th Jun 2025, 12:00 PM

This strategic collaboration underscores Air Montenegro’s commitment to delivering affordable and seamless travel experiences across its expanding network in Europe and beyond
Read More
RateGain launches real-time analytics solution for hotel commercial teams
12th Jun 2025, 11:27 AM

The solution processes over 200 billion ARIs annually through RateGain’s connectivity platform, delivering a comprehensive health check of distribution performance
Read More
RateGain partners with LIAT (2020) to implement airfare pricing intelligence platform
10th Jun 2025, 14:29 PM

This strategic collaboration marks a significant step in LIAT’s journey to enhance its commercial operations and deliver affordable, reliable connectivity across the Caribbean
Read More
RateGain Travel Technologies’ booking engine partners with Razorpay
5th Jun 2025, 14:51 PM

This partnership is designed to provide hotels across India with a secure, modern, and frictionless payment processing solution
Read More
RateGain Travel Technologies launches first AI employee ‘REMO’
3rd Jun 2025, 12:42 PM

Designed to embed intelligence not only across products and customer experiences but into the very cultural fabric of the organization, REMO is built to listen without judgment
Read More
Cyprus Airways partners with RateGain to enhance pricing strategies
8th May 2025, 12:58 PM

With AirGain, Cyprus Airways will access real-time competitive pricing data from over 300 airlines and 50 plus OTAs
Read More
RateGain Travel Technologies launches first CRS Integrated AI voice agent for hotels
28th Apr 2025, 12:17 PM

Easy to integrate and to train, UNO VIVA can start providing results within a week and improve average value per booking
Read More
RateGain Travel Technologies renews partnership with Tunisair
22nd Apr 2025, 12:59 PM

This extension builds on a successful two-year collaboration with AirGain, the company’s advanced pricing intelligence platform
Read More
RateGain Travel Technologies enters into partnership with Sky Airline
15th Apr 2025, 11:17 AM

The partnership aligns with Sky Airline’s mission to provide customers with cost-effective travel options while maximizing revenue opportunities
Read More

RateGain Travel Technologies Ltd.

IT - Software

BSE: 543417 | NSE: RATEGAIN

Stock Summary

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Standalone Figures in Rs. Crores /

Results Balance Sheet

Standalone Figures in Rs. Crores /

Cash Flow

Standalone Figures in Rs. Crores /

Financial Ratios

Standalone /

Top Investors:

Annual Reports:

News Update:

RateGain Travel Technologies Ltd.

IT - Software

BSE: 543417 | NSE: RATEGAIN

Stock Summary

Shareholding Pattern

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Standalone Figures in Rs. Crores /

Results Balance Sheet

Standalone Figures in Rs. Crores /

Cash Flow

Standalone Figures in Rs. Crores /

Financial Ratios

Standalone /

Top Investors:

Annual Reports:

News Update: